Pacific Comox Resources Ltd.
TSX VENTURE : PCM

Pacific Comox Resources Ltd.

November 29, 2007 12:23 ET

Pacific Comox Reports 1.2% Copper and 0.26% Molybdenum Over 8 Meters at Ryan Lake

TORONTO, ONTARIO--(Marketwire - Nov. 29, 2007) - Pacific Comox Resources Ltd. (TSX VENTURE:PCM) reports the assays for an additional 5 diamond drill holes testing the area of the former producing underground copper mine (the South Zone) at its Ryan Lake copper/molybdenum property at Matachewan, Ontario. Assays will be reported when received for the additional 14 holes which have been drilled.

Hole C91A which tested the area adjacent to a former production stope intersected two mineralized intervals. The first interval of 8 meters reported 1.2% copper and 0.26% molybdenum (5.3 lbs/ton molybdenum) started at 7 meters, with the second interval of 6 meters starting at 34 meters grading 0.36% copper and 0.047% molybdenum (0.9 lbs/ton molybdenum). The first interval also reported a gold grade of 0.5 g/tonne and 6 g/tonne silver.

Assays are reported for the 64 to 77 meter interval of Hole 83. The 13 meter interval averaged 0.85% copper and 0.002 % molybdenum. The assays for the other intervals of Hole 83 were reported on Oct. 11, 2007. The assays for Hole C99F for the interval 52 meters to the end of the hole have been received but did not report significant mineralization.

The assay results for the 5 holes reported are summarized in Table 1. All the holes also reported gold and silver values.

Robert Hill P. Eng. serves as the qualified person (QP) for the sampling and exploration program under the definitions of National Instrument 43-101, reviewed this release and supervised the drilling program. The geologist on this program was Dan Crossley P. Eng. The split NQ core samples were assayed at Swastika Laboratories Ltd. Swastika Ontario, an accredited laboratory.

Donald Empey, President

For further information: view the Company web site at www.pacificcomox.com or the Company filings on SEDAR at www.sedar.com.



---------------------------------------------------------------------------
PACIFIC COMOX RESOURCES LTD.
---------------------------------------------------------------------------
Table 1: Diamond Drill Assays From Ryan Lake Property
---------------------------------------------------------------------------
South Zone - Former Underground Mine Area
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Hole # From To Length Copper Mo Mo Gold Silver
---------------------------------------------------------------------------
(m) (m) (m) (%) (%) (lbs/ton) (g/tonne) (g/tonne)
---------------------------------------------------------------------------

---------------------------------------------------------------------------
PC-07-83 5313220N, 522519E, Length 147 meters, Azimuth 0 degrees,
Dip -55 degrees
---------------------------------------------------------------------------
51 59 8 0.33 0.003 0.06 0.17 1.93
---------------------------------------------------------------------------
64 77 13 0.85 0.002 0.04 0.04 4.53
---------------------------------------------------------------------------
78 147 69 0.21 0.008 0.16 0.04 1.27
---------------------------------------------------------------------------
Including 78 99 21 0.29 0.011 0.22 0.04 1.61
---------------------------------------------------------------------------
Including 127 143 16 0.41 0.010 0.20 0.06 2.54
---------------------------------------------------------------------------

---------------------------------------------------------------------------
PC-07-92 5313343N, 522564E, Length 248 meters, Azimuth 0 degrees,
Dip -45 degrees
---------------------------------------------------------------------------
33 41 8 0.46 0.012 0.24 0.02 2.76
---------------------------------------------------------------------------
57 117 60 0.29 0.017 0.34 0.01 2.14
---------------------------------------------------------------------------
Including 57 90 33 0.44 0.028 0.56 0.01 3.19
---------------------------------------------------------------------------

---------------------------------------------------------------------------
PC-07-93 5313372N, 522524E, Length 135 meters, Azimuth 0 degrees,
Dip -45 degrees
---------------------------------------------------------------------------
8 135 127 0.102 0.007 0.14 0.01 0.84
---------------------------------------------------------------------------
Including 9 44 35 0.265 0.017 0.34 0.03 1.97
---------------------------------------------------------------------------
Including 33 42 9 0.722 0.052 1.04 0.11 5.27
---------------------------------------------------------------------------
Including 68 74 6 0.270 0.009 0.18 0.00 2.65
---------------------------------------------------------------------------

---------------------------------------------------------------------------
PC-07-94 5313369N, 522490E, Length 134 meters, Azimuth 0 degrees,
Dip -45 degrees
---------------------------------------------------------------------------
16 20 4 0.527 0.017 0.34 0.01 4.85
---------------------------------------------------------------------------

---------------------------------------------------------------------------
PC-07-C92B 5313197N, 522662E, Length 32 meters, Azimuth 0 degrees,
Dip -45 degrees
---------------------------------------------------------------------------
8 26 18 0.35 0.021 0.42 0.08 2.58
---------------------------------------------------------------------------

---------------------------------------------------------------------------
PC-07-C91A 5313199N, 522700E, Length 133 meters, Azimuth 0 degrees,
Dip -45 degrees
---------------------------------------------------------------------------
7 15 8 1.23 0.263 5.26 0.46 6.03
---------------------------------------------------------------------------
34 40 6 0.36 0.047 0.94 0.17 2.13
---------------------------------------------------------------------------

---------------------------------------------------------------------------
Note: Interval 64 to 77 meters are new assays for Hole PC-07-83, the other
intervals were previously reported on October 11, 2007.
---------------------------------------------------------------------------
November 29, 2007
---------------------------------------------------------------------------


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information